Dimensional Fund Advisors LP Sells 106,811 Shares of Prudential Public Limited (PUK)

Dimensional Fund Advisors LP cut its holdings in Prudential Public Limited (NYSE:PUK) by 10.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 906,172 shares of the financial services provider’s stock after selling 106,811 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Prudential Public were worth $43,415,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC lifted its holdings in Prudential Public by 11.8% in the 2nd quarter. Quadrant Capital Group LLC now owns 3,282 shares of the financial services provider’s stock valued at $137,000 after purchasing an additional 347 shares in the last quarter. Boston Private Wealth LLC purchased a new position in Prudential Public in the 3rd quarter valued at about $201,000. Stevens Capital Management LP purchased a new position in Prudential Public in the 3rd quarter valued at about $204,000. Advisor Group Inc. lifted its holdings in Prudential Public by 0.7% in the 2nd quarter. Advisor Group Inc. now owns 4,481 shares of the financial services provider’s stock valued at $206,000 after purchasing an additional 30 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Prudential Public by 57.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,502 shares of the financial services provider’s stock valued at $206,000 after purchasing an additional 1,641 shares in the last quarter. Institutional investors and hedge funds own 1.63% of the company’s stock.

Prudential Public Limited (PUK) opened at $51.67 on Wednesday. Prudential Public Limited has a 1-year low of $38.17 and a 1-year high of $52.09.

A number of research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Prudential Public from a “hold” rating to a “buy” rating and set a $57.00 target price on the stock in a report on Thursday, January 4th. ValuEngine lowered shares of Prudential Public from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 9th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Prudential Public presently has a consensus rating of “Buy” and a consensus price target of $57.00.

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Prudential Public Profile

Prudential Public Limited Company is an international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.

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Institutional Ownership by Quarter for Prudential Public (NYSE:PUK)

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